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Tag: Billionaires


The Rebirth of Family Capitalism

This is the indigenous romance of American capitalism: The man from nowhere rises out of obscurity to unimaginable heights through the application of disciplined effort, commercial cunning, and a gambler’s sang froid in the face of the unforgiving riskiness of the marketplace. Conversely, 19th century Gilded Age anti-capitalists knew this dark fairy tale as “the Property Beast.”

Posted on Sep 12, 2014 READ MORE



Truthout.org (CC BY-NC-SA 2.0)

The New Billionaire Political Bosses

Charles and David Koch should not be blamed for having more wealth than the bottom 40 percent of Americans put together.

Posted on Mar 26, 2014 READ MORE



Next Stop, Pedophilia

According to Rush Limbaugh, since the left has normalized gay marriage, now it will do the same with pedophilia; the U.K. government has found a way to take British citizenship away from certain people who were then mysteriously killed by drones; meanwhile, a computer programmer in India may make teachers redundant as he shows how children can and should teach themselves. These discoveries and more after the jump.

Posted on Mar 5, 2013 READ MORE



Flickr/Kim

The Billionaires’ Long Game

I keep hearing that the billionaires and big corporations that poured all that money into the 2012 election learned their lesson. They lost their shirts and won’t do it again. Don’t believe that for an instant.

Posted on Dec 12, 2012 READ MORE



Gates Foundation

40 Billionaires Agree to Give Half of It Away

With philanthropy buddies Warren Buffet and Bill Gates leading the way, 40 representatives of the uber rich have pledged to give half of their fortunes to good works. George Lucas of “Star Wars” (and ruining “Star Wars”) fame and Ted Turner, who gave us CNN before it was terrible and has the mustache to prove it, are among those on the list.

Posted on Aug 4, 2010 READ MORE



Flickr / FAB O LENS

China Has Second-Most Billionaires, Behind U.S.

Well, that didn’t take long. China now has more billionaires (89 if you include Hong Kong) than any other country except for the U.S., which, to be fair, has been working overtime to transfer wealth upward. Unlike the U.S., the Chinese government has promised to distribute its bounty to “make our society fairer and more harmonious.”

Posted on Mar 11, 2010 READ MORE


Bill Gates
Bill & Melinda Gates Foundation / Prashant Panjiar

Do the Billionaire Shuffle

Bill Gates is once again the world’s richest man, though he rules over a ravaged kingdom of billionaires. Forbes’ annual list has shriveled by nearly a third and $2 trillion in net worth. Those poor billionaires.

Posted on Mar 11, 2009 READ MORE


Down to Their Last Billion

The satirist reports that, desperate to protect their endangered fortunes, thousands of the nation’s leading hedge-fund managers converged on Washington today in “The Million Mercedes March.”

Posted on Sep 9, 2007 READ MORE


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